pf_01857 - Laserfiche WebLink

Home

0 4, 5. 6. POSSESSION. VI -A The Seller agrees to deliver possession of the premises not later than the date of closing, provided, that all conditions of this agreement have been satisfied, or on such earlier date as the parties may mutually agree. TAXES AND ASSESSMENTS. A. Seller. The Seller shall pay, at or before closing, all of the real estate taxes and installments of special assess- ments due and payable in the year 1988 and prior years. The Seller shall also pay, in full, at or before closing, all assessments, levied, pending, certified in the current year's taxes, or otherwise of record, as of the date of closing; except that any special assessments resulting from action taken by the City of Roseville or Ramsey County between the execution of this Agreement and the date of closing will be the responsibility of the Buyer. B. Buyer. The Buyer shall have the obligation of paying all real estate taxes and installments of special assessments (except to the extent that Seller has agreed to pay said assessments) due and payable thereafter. C. Miscellaneous. Nothing herein contained shall be deemed alter any obligation of any tenant under respect to the payment of property taxes assessments. SELLER'S COVENANTS AND WARRANTIES. The Seller covenants and warrants as follows: A. Specific Warranties. to affect or any Lease with or special (1) Title: f The Seller warrants that it has good and exclusive right, title and interest in and to the above described real property, and has the right and ; authority to sell and assign the same. The Seller further warrants that all bills for work done or materials furnished to or in the improvement of the property have been paid in full. (2) Encroachments: The Seller warrants that all buildings and improve- ments on the property are entirely within the boun dary lines of the property, and that there are no encroachments on the subject property. -3- VI -A